Fiberon expanding in Stanly County with $20 million investment


NEW LONDON — On May 7, Fiberon, a company that manufactures decking and railing products made of PVC and composite materials, announced their plans to “upgrade and expand” operation in New London.  

“We are grateful that Fiberon has chosen to reinvest and expand the manufacturing operation at their New London facility,” New London Mayor Tate Daniels said in the press release. 

Beginning with $110,000 from a Rural Building Reuse grant, Fiberon is pledging to invest over $20 million in the next three years to overhaul their New London facilities. Late last year, North Carolina Gov. Roy Cooper announced the grant would be awarded to their project. The funds will be given to Stanly County, who will then distribute them to Fiberon after the project is complete.  

We are extremely excited about Fiberon’s success, expansion plans and decision to grow its manufacturing capacity in our community,” said Matthew Swain, chairman of the Stanly County Board of Commissioners. “This is another example of a company finding success in Stanly County due to our business-friendly environment, lower cost of doing business and proximity to Charlotte.”  

A major employer in the area, Fiberon started operations in the county in 1997. The company is part of Fortune Brands Home & Security, Inc. (NYSE: FBHS), and focuses on manufacturing “wood-alternative decking, railing, cladding, and fencing” in an eco-friendly manner. 

“We are very excited about the opportunity to upgrade our facility and further streamline manufacturing for our Fiberon products,” said Mike Huskey, Fiberon vice president of Operations and Supply Chain. “We will continue to grow operations in Stanly County and look forward to maintaining our position as one of the ‘Companies of Choice’ for Albemarle and New London.”